Holdbacks

A fragment of a loan contract that is not funded until a different requirement is met, for instance the finish of development

Hold-over tenant

A tenant keeping liberties of the leased grounds following the termination of a rental

Incentive fee

References fee structures where the size of the fee that is billed is resolved by the performance of the real estate means under management

Implied cap rate

Overall operating profit divided by the sum of a REIT's equity industry capitalization and its entire outstanding debt

Highest and best use

The supposedly anticipated and legal use of vacant land or a restored structure that's physically likely, appropriately sustained, financially feasible and that results in the most ideal value